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20121201
20121231
Search Results 0 to 9 of about 10 (some duplicates have been removed)
for more self-inflicted wounds, certainly not those coming from washington. >> analysts say failure to reach a deal with poison u.s. consumer spending. the fiscal cliff would trigger tax increases and government spending cuts in january, leaving far less money in the economy. the international monetary fund warrants of knock on effects for the global economy. -- warns of knock on effects for the global economy. the pressure is on in washington to agree on a plan. only then might the applause on wall street be a little more genuine. >> with the clock ticking ever more loudly in washington, let's bring in our correspondent. first off, are the prospects of an agreement as dim as we are hearing, or could there be a last-minute deal? then of course this could happen, but i think it is quite unlikely. there is an increased pessimism that a deal can be achieved in washington, d.c. from my perspective, i think washington moves too slowly. tax rates will go for all americans, and cuts will go into effect by the end of this year, and we will see no more unemployment benefits for about 2 milli
that will bite if lawmakers fail to come up with a plan. >> pessimism remains the prevailing mood in washington as the january deadline rapidly approaches. neither democrats nor republicans have any new proposals for a workable compromise. >> the starbucks coffee chain has urged its workers in washington, d.c., area to write "come together" on the cups, a plea for party leaders to work out a compromise, but some customers say that is not enough. >> i mean, i like with starbucks is riding on the cups. i wish they would write, like, something else, like "republicans, stop being stupid." >> i think the solution will probably be neutered and not very effective, but ultimately, i think they will avoid the fiscal cliff. >> but neither side appears willing to give in. democrats, for example, are frustrated that republicans will not agree to raise taxes on the wealthy. >> the majority of rich people in our great country are willing to pay more. the only people who disagree with that are republicans who work in this building. >> republicans say that democrats want to spend too much money. so, as much of
say he should win easy confirmation in the senate. staying in washington, and president obama is increasing the pressure on the country's powerful gun lobby's and calling for stricter regulations on assault weapons. he has also challenged his fellow gun control advocates to take a clear stand on the issue. >> america had a moment of silence for the victims of the newtown massacre. exactly one week ago, a young man armed with a semiautomatic rifle gunned down 20 people in connecticut. meanwhile, the national rifle association has taken a hard- nce on the issue, calling for armed security guards in yev american school to protect students. >> the gun owner's organizatitin has proposed the establishment of a national school shield program, saying a bad guy with a gun can only be stopped by a good guy with a gun. the head of the inner raymond it clear that the nra opposes new gun laws. pro-gun control activists twice disrupted the press conference in washington. russian president vladimir putin has made sharp comments about a european energy law, saying it causes confusion and unde
in the investigation. >> all right, let's go over to washington. our correspondent is there on the story for us. what more can you tell us right now? >> most of the information we are getting so far is unconfirmed. the police did not say much. they want to confirm how many people really died during the shooting. most networks talk of 27 being shot dead, 18 kids. all this is unconfirmed, but apparently the number of dead is closer to 30 than 220 -- those are the reports we are getting. -- than to 20. this is an elementary school, so children who attend that school are between five and 10 years old. there are rumors of a second shooter floating around. that has not been confirmed. police said they were questioning a second person but did not call him a suspect. we do not know if the shooter shot himself or was shot by the police. some networks talk about up to four weapons, four shotguns. not confirmed yet. assault weapons are very dangerous. they are rapid-fire weapons, more military-style than anything else. that is a weapon you cannot buy in connecticut, but it is not hard to procure yourself in the
for leaders in washington to reach a compromise. some officials say there is hope. >> happy new year to people in australia and asia. >> hugo chavez remained in a hospital in cuba as his condition worsens. captioned by the national captioning institute --www.ncicap.org-- >> as the midnight deadline for agreement on a budget deal approaches quickly, it looks like u.s. lawmakers may have put together is stopgap agreement. some details are emerging as sources close say the talks have been centering on staving off the worst of $600 billion in spending cuts. the president had this to say. >> the potential agreement would make sure it taxes do not go up on middle-class families but it would also extend tax credits for families with children, extend the tuition tax credit that has helped millions of families pay for college, and it would extend tax credits. >> lawmakers were also narrowing the income level at which they would increase to between $400,000.50 under thousand dollars. no deal is reached, taxes will go up for all americans. >> let's now go live to washington. we have a correspondent follo
, and say the finance minister is not coming clean about the cost to taxpayers. >> in washington, budgets have stalled again just months before what has become known as the infamous fiscal cliff. president obama appeared at a factory in pennsylvania making his case for raising taxes on top earners and accusing a handful of republicans of holding up a deal. if a deal is not reached by december 31, a $600 billion combination of tax increases and spending cuts goes into effect. let's get a check now on how the markets reacted to all of that news. our correspondence sent us this report from frankfurt. >> the dax climbed for about 2% this week, and share prices have been pushed mainly by the rescue package for greece, but at this last trading day of the week, trading has been quite low. the positive trend continued, although there has been some bad news coming in, like the record high unemployment rate in the euro area and the fact that u.s. consumers spend less money in october. nevertheless, the mood is fine. investors hope the fiscal cliff in the u.s.a. can be avoided. >> let's get a closer
. >> hundreds of same-sex couples marrying in seattle after washington began issuing same-sex marriage licenses. >> we've adopted our children. we've gone to the courts and made them our family, but this is the first time amanda and i will be family, and that piece of paper says that. >> last month, washington, maine, and maryland becoming the first states to pass same-sex marriage by popular vote, joining six other states, including new york, iowa, and the district of columbia, where it is legal. the u.s. supreme court announcing it will hear two cases challenging laws prohibiting the rights of same-sex married couples. fans around the world mourning the loss of award-winning mexican-american singer jenny rivera after wreckage of a plane flying rivera and six other people from a concert is found in northern mexico. her mangled driver's license among the crash-site debris. rivera selling 15 million records -- one of the most successful female singers in grupero, a male-dominated regional style. venezuelan president hugo chávez in cuba undergoing another cancer operation after announcing that m
Search Results 0 to 9 of about 10 (some duplicates have been removed)